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Originally published by Capital Business
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business
August 8, 2026
3h ago

Trump administration hands back 100 billion USD in tariff refunds

Trump administration hands back 100 billion USD in tariff refunds

The CBP was projected to hand out up to 175 billion dollars of IEEPA tariffs in total, according to an earlier estimate issued by Penn Wharton Budget Model at the Wharton School of the University of Pennsylvania...

✨ Key Highlights

The Trump administration has returned approximately $100 billion in tariffs to US importers by the end of July, following a US Supreme Court ruling that deemed the tariff policies unconstitutional.

  • $100 billion in tariff refunds, including duties and interest, has been completed.
  • The refunds are being processed by the US Customs and Border Protection (CBP).
  • The first payment was issued around May 11 after the US Supreme Court ruled on February 20 that the tariffs under the International Emergency Economic Powers Act (IEEPA) were unconstitutional.

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